Here's Why Obama Thinks You Should Care About His New Budget

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Earned Income Tax Credit for Childless Workers

Currently, childless workers and non-custodial parents receive a maximum Earned Income Tax Credit of $500 and is unavailable to workers under age 25. Obama's budget doubles the credit to $1,000 and lowers the age limit to 21. It also increases the upper age limit from 64 to 66. The administration estimates these changes will benefit two million African-American workers.


(Photo: Todd Warnock/Getty Images)

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